Memecoins SPX6900, Floki, and Fartcoin are all hovering at key technical levels, with recent price action hinting at possible bullish reversals if key resistance zones can be broken in the days ahead. Crypto markets dropped nearly 2% on July 17, bringing the total market cap down to $3.8 trillion. In contrast, the memecoin sector rallied…
A former National Crime Agency officer has been jailed for stealing 50 BTC seized during the investigation of Silk Road 2.0, exploiting his insider access to access the funds. Paul Chowles, 42, a former NCA officer, has been jailed for 5.5 years after stealing 50 Bitcoin (BTC), worth just over £59,000 at the time, and…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Tokenization of real-world assets is booming, from stablecoins that digitize fiat currency to new stock tokens that put shares on blockchain rails. The concept is the same—create a crypto token pegged to…
A giant Bitcoin whale with a decade-old stash has started moving its holdings, fueling speculation about a potential sell-off. According to blockchain tracker Lookonchain, the whale, which resurfaced earlier this month after 14 years of dormancy, has shifted nearly half of its 80,000 Bitcoin (BTC) holdings into new wallets. Worth about $4.77 billion, the transfer…
Pakistan and El Salvador have established a joint agreement to further advance crypto collaboration between the two countries, specifically in knowledge-sharing. According to a recent Bloomberg article, the Head of Crypto Council and special assistant to prime minister on crypto and blockchain, Bilal bin Saqib, met with President of El Salvador Nayib Bukele in South…
Publicly traded Bitcoin ecosystem company Matador Technologies plans to acquire up to 6,000 Bitcoin by 2027 under a board-approved treasury strategy. In a recent press release, Matador Technologies confirmed that its board has approved a long-term plan to scale its Bitcoin holdings significantly. As part of this strategy, the company has set an interim target…
The asset manager is on an accumulation streak, topping up its holdings as its BTC-tracking exchange-traded fund thrives. BlackRock has purchased another $416 million of Bitcoin, according to data from the blockchain intelligence platform Arkham. The buy, estimated to be around 3,478 BTC based on prices at the time of acquisition, continues a month-long accumulation…
Bitcoin continues to show resilience near all-time highs, and new on-chain data suggests there may still be room for the rally to extend. The price may still rise before hitting significant resistance, according to a July 17 analysis by CryptoQuant contributor Darkfost. The focus is on a subset of investors who purchased Bitcoin (BTC) in…
FLOKI recently broke out of a key trendline resistance and flipped it into support, potentially laying the foundation for an upside rally in the coming weeks. According to data from crypto.news, FLOKI (FLOKI) surged 40% to a six-month high of $0.000138 on July 17. As of press time, it was trading slightly lower at $0.000129,…
Trump Media and Technology Group is moving ahead with plans to integrate artificial intelligence on the Truth Social platform, having filed two related trademarks. A press release issued by the company on Wednesday confirmed applications for “Truth Social AI” and “Truth Social AI Search,” signalling the group’s intent to develop AI-based features for its platform….
